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3400 N Pinewalk Dr N Unit 915, Margate, Florida 33063

Active For Sale
$219,000
  • Beds 2
  • Baths 1
  • Sq Ft 912 Sqft
  • Visits: 1 in 7 days

Description

INVESTOR’S DREAM! Come see this rare opportunity to own a spacious 2-bed, 1 bath unit on the 1st floor in the Community of Coral Key. This unit currently has a long-term, timely paying renter who just signed a new lease for $1,900/m through December 2025. rnrn **Monthly Net income = $1,190 (after expenses paid) – Cap rate = 6.5%** rnrnThis is a first-floor unit with a beautiful golf course view. Inside, there is tile flooring throughout along with upgraded kitchen. The Coral Key community features a club house with pool and gym along with a plethora of parking for guests. Low condo fees, which include the water and the ability to rent the unit immediately round out this great opportunity. With the desirable location and price point of this unit, it will not stay on the market for long.

Features

  • Swimming Pool: Association
  • Heating System: Electric
  • Cooling System: Electric
  • Pet Policy: Yes, Conditional
  • Security: Other
  • Parking: Assigned, Two Or More Spaces, Guest

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater

Address Map

  • Country: US
  • State: FL
  • County: Broward
  • City: Margate
  • Subdivision: CORAL KEY CONDO
  • Zipcode: 33063
  • Street: Pinewalk Dr N
  • Street Number: 3400
  • Floor Number: 0
  • Longitude: W81° 46′ 28.4”
  • Latitude: N26° 16′ 0.6”
  • UnitNumber: 915
  • Street Dir Prefix: N
  • MLS Area: 3611

MLS Addon

  • Association Amenities: Clubhouse, Pool, Tennis Court(s), Golf Course
  • Association Fee: $365
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Maintenance Structure, Pool(s), Sewer, Water, Parking, Roof
  • Close Price: $0
  • Community Features: Golf Course Community
  • Exterior Features: Tennis Court(s)
  • Flooring: Ceramic Tile
  • Insurance Expense: $0
  • Interior Features: First Floor Entry, Other
  • Listing Terms: Cash, Conventional
  • Lot Features: On Golf Course
  • New Taxes Expense: $0
  • Stories Total: 3
  • Tax Annual Amount: $4,173
  • Tax Year: 2024

Location

Listing Updated: 2024-12-15 08:41:49

  • Parent : 3400:N:Pinewalk Dr N:33063:Margate
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A11706910
  • Price : $219,000
  • View : Golf Course
  • Bedrooms : 2
  • Bathrooms : 1
  • Full Bathrooms : 1
  • Half Bathrooms : 0
  • Square Footage : 912 Sqft
  • Year Built : 1989
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 6
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